Research and Markets has unveiled a new report on environmental sensors that details trends and factors the firm believes could affect market development in the next several years. The firm forecasts a 5.4 percent compound annual growth rate from 2013 to 2018 for the industry in devices used to sense, monitor, detect or identify air, soil and water quality, conditions […] More

A new market analysis report from Visiongain says the air traffic control equipment is set for record growth in the next 10 years due to increased demand for air travel and an ever-crowded airspace. The “Air Traffic Control Equipment Market Forecast 2014-2024: Prospects for Next-Generation Air Traffic Control Systems, ADS-B, PBN and GNSS” report looked at several indicators and […] More

Research and Markets has released a new report that projects the cybersecurity market for U.S. federal agencies to grow 7.41 percent in value by 2018. The report covers the period of 2014 through 2018 and consideres the revenue from the sales of cybersecurity services to the Department of Homeland Security, Defense Department and the U.S. intelligence community, Research and Markets said Thursday. […] More

Strategic Defence Intelligence expects the growing demand for ISR systems and military technology advancements to fuel growth of the electronic warfare technology market over the next 10 years. The global EW systems market is forecast to achieve a 2.68 percent compound annual growth rate to be $13.2 billion in value by 2024, Strategic Defense Intelligence […] More

The use of thermal imaging technology for multiple applications has helped create a $3.1 billion industry as of 2012, according to a market analysis report by Research and Markets. Research and Markets said Wednesday the thermal imaging market is forecast to enjoy a compound annual growth rate of 9.76 percent from 2013 to 2019. The […] More

Research and Markets forecasts that the military laser systems market for the aerospace, defense and homeland security industries will reach a market value of $2.73 billion within the next six years. This 4.23 percent compound annual growth rate is due to increased research and development activity and a move toward self-sufficiency of some Asia-Pacific and European countries, the firm […] More

Tony Marceddo, a former program director at Raytheon‘s Australian arm, has joined Northrop Grumman as head of the M5 business in Australia and will oversee M5’s communications, cyber consultancy and cyber services portfolio. Northrop said Monday Marceddo will also head expansion efforts in export business opportunities for M5’s communications services to the international market. He will report to both Ian Irving, CEO of Northrop Grumman […] More

The Air Force could unveil the winner of a contract to build the branch’s long-range radar system as soon as next week, Reuters reported Wednesday. Andrea Shalal writes Pentagon acquisition chief Frank Kendall has approved the service’s Three-Dimensional Expeditionary Long-Range Radar procurement plan. Lockheed Martin, Northrop Grumman and Raytheon are all vying for the contract. The […] More

Lexi Alexander serves as the leader of the business development organization at L-3’s National Security Solutions group where she is responsible for the vision and strategy of the group’s business development plan. Prior to joining L-3 Communications in April 2014, Alexander was Serco, Inc. vice president of business development for the defense and intelligence group where she […] More

A new MarketsandMarkets report rorecasts the maritime security market to reach $20.87 billion in value in 2019 at a compound annual growth rate of 8.4 percent over the next five years. The firm said Thursday that the awareness of maritime threats, regulations, standards and international trade practices, as well as the globalization of maritime security operations will drive the market. The report also listed Kongsberg, Northrop […] More

The Defense Information Systems Agency will begin the process for awarding contracts under the third-generation ENCORE information technology services vehicle in fiscal 2015, Deltek‘s Alex Rossino reported Tuesday. Rossino, a Deltek principal research analyst, estimates that defense agencies invested approximately $5.8 billion in IT offerings through the second ENCORE iteration. His analysis of the ENCORE […] More

A new Research and Markets report forecasts that the value of the electro-optical market will grow from $11.76 billion in 2014 to $14.03 billion in 2020 at a compound annual growth rate of 2.98 percent. The market research firm said Monday that growth is attributed to ongoing upgrade and replacement projects in the defense, homeland security and aerospace […] More